Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
ProShares UltraShort Technology (PACF:REW)
Strong Downtrend (-100) - REW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, REW continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid REW?
MarketClub looks at technical strength and momentum to determine if the timing is right for REW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REW
The long-term trend has been DOWN since Nov 10th, 2023 at 9.5700
The intermediate-term trend has been DOWN since Nov 6th, 2023 at 10.2500
The short-term trend has been DOWN since Dec 8th, 2023 at 8.8501
Smart Scan Analysis for REW
Based on our trend formula, REW is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.75||Year High Date||2018-02-09|
|Year Low||10.5467||Year Low Date||2018-08-30|
|52wk High||23.54||52wk High Date||2023-01-06|
|52wk Low||8.71||52wk Low Date||2023-11-29|
|Year End Close||37||Average Volume||31,526|